313 Princeton AVE new

Half Moon Bay,CA 94019

$ 1650000

- Bed

- Bath

3795 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,795 sqft

Price per Sqft $434

MLS Listing ID ML82025492

Year Built 1988

Lot Size 7,000 Sqft

Property Sub-Type Commercial Property

Property Description

Rare commercial opportunity with three small buildings on one parcel near the busy corner of Princeton. Occupy all three buildings, lease all three or a combination of both. Building sizes are +/-1020, 1260 and 1500 sf, each with their own bathroom, electrical and water meter. All buildings were renovated in 2020 and have fire sprinklers. Former tenant had a tap room and brewery for the last 4+ years. Their existing FF&E may be available for purchase separately. The property is ready for a new concept and will be delivered vacant at closing. Coastal visitors (approximately 4 million a year) and locals alike are attracted to this area of Princeton for its great mix of restaurants, bars, vacation rentals and access to coastal trails and beaches. The area has been experiencing substantial economic development and rent growth providing the potential for lucrative investment returns. This property is located within a block or two of large economic drivers: Half Moon Bay Yacht Club, Mavericks Event Center, JettyWave Distillery, Mavericks Inn, Mezza Luna Restaurant, Old Princeton Landing Bar and Grill.

Location

State CA

County San Mateo

Area Princeton Harbor

Zoning CCR

Interior

Heating Forced Air

Cooling None

Flooring Concrete,Tile,Other

Exterior

Exterior Feature Fenced,Low Maintenance,Porch - Enclosed

Parking Features Guest / Visitor Parking,Off-Street Parking

Utilities Available Individual Electric Meters

Roof Type Rolled Composition

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Individual Water Meter

Others

Special Listing Condition Not Applicable

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